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Non-Tech : Cityscape Financial (CTYS) -- Ignore unavailable to you. Want to Upgrade?

To: John Liu who wrote (1698)	11/30/1997 11:29:00 AM
From: Bruce A. Thompson	Respond to of 2544

John >Arbitration< I think this one will go to court and may even be lost by the plaintiffs. Imho, anyone who bought in after 4/30/97 would have had information available to them that was meaningful and timely. Any disclosures prior to that would have gone something like this: " We're doing something in the UK that we believe is legal, but we're probably wrong and if so, our stock could go down. If you dont want to stay with us, we will understand." Suing for market losses is a 0 sum game. Agreeing to arbitration or settlement to end the pain is nothing better than corporate blackmail. Someday, the public will understand that only the attorneys win. It would be different if the case was over something tangible like the case against RAY. Most of those plaintiffs are either dead or disabled. But even there, the attorneys are going to end up with 40% of a huge company. Do you think they will create something to help the plaintiffs? Probably not. It has always been MHO that attorneys believe that the rest of us were placed on this earth so they could have someone to steal money from. Your experience may be different. Bruce